Circle Internet Group (CRCL) officer withholds shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Circle Internet Group, Inc. officer Nikhil Chandhok had shares withheld to cover taxes on vested stock units. On 02/02/2026, 14,479 shares of Class A common stock were withheld at $63.93 per share in a tax-related transaction coded “F.”
After this withholding, Chandhok beneficially owns 425,295 Class A shares, including 210,755 shares held outright and 214,540 shares subject to outstanding restricted stock units. The filing reflects an automatic tax withholding event rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chandhok Nikhil
Role
Chief Product & Tech. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 14,479 | $63.93 | $926K |
Holdings After Transaction:
Class A Common Stock — 425,295 shares (Direct)
Footnotes (1)
- The shares of Class A common stock were withheld to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units. Represents 210,755 shares of Class A common stock held outright by the Reporting Person and 214,540 shares of Class A common stock subject to outstanding restricted stock units.
FAQ
What insider transaction did CRCL officer Nikhil Chandhok report?
Chandhok reported a tax-withholding transaction, not an open-market trade. On 02/02/2026, 14,479 Class A shares were withheld at $63.93 each to satisfy taxes owed upon the vesting of restricted stock units.
Was the CRCL insider transaction a sale into the market?
No, the transaction reflects shares withheld for taxes on vested restricted stock units. The company retained 14,479 shares at $63.93 to cover Chandhok’s tax obligation, rather than a discretionary sale on the open market.
What does transaction code F mean in the CRCL Form 4?
Transaction code F indicates a tax-related withholding of shares upon vesting of equity awards. In this case, Class A shares were withheld to satisfy Chandhok’s tax liability tied to restricted stock units, rather than voluntarily sold.
What role does Nikhil Chandhok hold at Circle Internet Group (CRCL)?
Chandhok serves as Chief Product & Tech Officer at Circle Internet Group, Inc. His Form 4 reflects equity compensation activity and related tax withholding associated with that executive position.